Need to write an essay on it for econ and i have no idea how to start. i know that it deals with the consumers getting money but what else??? help please
The idea is that by giving consumers more disposable income (e.g., by lowering tax rates, giving citizens tax rebates, etc.), consumer spending will increase. This in turn increases the amount of goods and services that firms produce and sell, which increases employment and investment in plant, equipment, and raw materials.
Please provide requirements and details of the assignment so people can better answer your question.
I would write about the recent changes in the pork market and how it has effected other markets as well, such as the grain market.
As the virus scare has dropped the overall demand for pork products very quickly the supply side did not have a chance to adjust the supply of the specified goods, explain how now that there is the same amount of but less demand it forced the price of the specified goods down and consequentially forced the price of goods related to the specified goods to go down as well.
